Tech Company Financing Transactions

Universal Fuel Technologies Funding Round

TO Ventures and Alchemist Accelerator participated in a $3 million Seed capital raise for Universal Fuel Technologies. The round was recorded on 10/22/2024.

Transaction Overview

Announced On
10/22/2024
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds for the advancement of its proprietary Flexiforming process and establish lab space in Texas for SAF sample production.

Company Information

Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
171 Main Street 261
Los Altos, CA 94022
USA
Phone
Undisclosed
Email Address
Overview
Universal Fuel Technologies (UniFuel) is a chemical technology company dedicated to accelerating the transition from fossil fuels to renewable gasoline, SAF, and other renewable chemicals. Our proprietary chemical technology, protected by over 30 patents across 14 countries, is a drop-in solution that enables the fuel and energy industry to transition flexibly to renewable fuels using existing facilities.
Profile
Universal Fuel Technologies LinkedIn Company Profile
Social Media
Universal Fuel Technologies Company Twitter Account
Company News
Universal Fuel Technologies News
Facebook
Universal Fuel Technologies on Facebook
YouTube
Universal Fuel Technologies on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Alexei Beltyukov
  Alexei Beltyukov LinkedIn Profile  Alexei Beltyukov Twitter Account  Alexei Beltyukov News  Alexei Beltyukov on Facebook
Co-Founder
Denys Pchelintsev
  Denys Pchelintsev LinkedIn Profile  Denys Pchelintsev Twitter Account  Denys Pchelintsev News  Denys Pchelintsev on Facebook
VP - Bus. Development
Stephen Sims
  Stephen Sims LinkedIn Profile  Stephen Sims Twitter Account  Stephen Sims News  Stephen Sims on Facebook


 

 

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Next: 10/22/2024: Passkey Therapeutics venture capital transaction

 

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